[Liz]

Cunningham allowed more than 60 broker-dealers, hedge funds and investment advisers to time some of his funds in exchange for additional investments that bolstered management fees, the SEC alleges. Though the fund family has a policy limiting investors to four trades a year in a particular fund, Cunningham and other top managers allowed timers as many as 80 trades a year, according to Spitzer's complaint. As a result of being a "timing friendly" fund complex, Invesco Funds Group (IFG) was able to gather about $900 million in timing assets by mid-2002.

[SierraWasp]

BOOKMARKED!!! This is one of the best articles I've seen to make clear the timed trading situation and especially how it actually hurts regular investors. Everything I've seen previously just make it look like it was simply special treatment for insiders and didn't make clear the actual damage to all the others.

I understood it, but this article makes it plain for EVERYONE to better understand! They may have understood the "trading after the close" thing, but the timed trading thing just wasn't as easily explained to a lot of investors.